Financial Analysis & Business Planning

Mission Statement

Financial Analysis and Business Planning is focused on fostering University Hospital's competitive position and enhancing its ability to pursue its mission of providing comprehensive health services to the communities it serves. Our customers include senior staff, department chairs and administrative and clinical managers that constitute University Hospital's operating structure. We are committed to our customers by providing accurate, timely and reliable information necessary to assess current performance, identify areas for improvement and highlight potential future opportunities.

Financial Analysis

Financial Analysis supports new program development, business planning and marketing activities by:

• Providing information to project managers on how the market may respond to a new/modified service
  
• Identifying competitors, the services they offer and the share of the market they control
  
• Identifying the strengths, weaknesses, opportunities and threats of a program or service
  

Scope of Services

The staff has the ability and the tools to assist in many research areas related to program planning and development. The following is a partial list of the department's current services:

• Market share and demographic analyses
• Inpatient and ambulatory surgery utilization trend reporting
• Outpatient estimates and projections
• Competitor analysis
• SWOT analyses

Business Planning

Financial Analysis and Business Planning operates in conjunction with the Clinical Programs Assessment Committee (CPAC) in developing business plans that fall under the committee guidelines. For further information regarding this process, please see the Business Plan.